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Oil plunges below $95 as the Dow surges 1,300 in a worldwide rally following a ceasefire with Iran

By YURI KAGEYAMA and MATT OTT
Apr 08, 2026 7:24 am - Oil prices plunged below $95 per barrel, and stock markets surged worldwide Wednesday after President Donald Trump pulled back from his threat to destroy Iran.
US stocks swing from losses to a tiny gain as uncertainty builds ahead of Trump’s deadline for Iran

By STAN CHOE
Apr 07, 2026 3:27 pm - U.S. stocks swung sharply Tuesday as uncertainty about the war with Iran increased ahead of a looming deadline set by President Donald Trump to destroy Iranian power plants and bridges.The S&P 500 fell as much as 1.2%, but stocks rallied at the end of trading after Pakistan’s prime minister urged Trump to extend his deadline for another two weeks and asked Iran to open up the strait for two weeks.
US stocks drift higher ahead of Trump’s deadline to bomb Iranian power plants

By STAN CHOE
Apr 06, 2026 3:30 pm - U.S. stocks drifted higher in hesitant trading on Monday, ahead of a deadline that President Donald Trump has set to bomb Iranian power plants.
These car brands could suffer the most with soaring gas prices

By Todd C. Frankel and Federica Cocco
Apr 04, 2026 1:00 pm - The Iran war has contributed to a gas price increase of nearly 35%, adding $1 to the average gallon. On Tuesday, the nationwide average gas price hit $4 for the first time since 2022.
The Dow surges more than 1,100 points as Wall Street soars to its best day since last spring

By STAN CHOE
Mar 31, 2026 3:32 pm - U.S. stocks surged to their best day since last spring, and the Dow Jones Industrial Average soared 1,125 points on Tuesday as doubt swung back to hope on Wall Street about a possible end to the war with Iran. The S&P 500 leaped 2.9% for its largest gain since May. Just a day before, worries about the war had sent the main measure of Wall Street’s health more than 9% below its all-time high set early this year.
Chances of a Federal Reserve rate cut fade as inflation worsens

By CHRISTOPHER RUGABER
Mar 24, 2026 3:02 pm - The jump in gas prices stemming from the war in Iran has had another impact that may also affect many Americans' finances: Higher interest rates.
Stocks rally and oil sinks after Trump hints at a possible end to war, even as Iran denies talks

By STAN CHOE
Mar 23, 2026 3:25 pm - A cautious relief swept through financial markets Monday after President Donald Trump said the United States has talked with Iran about a possible end to their war. Oil prices eased, and stock prices rose on Wall Street following severe losses taken elsewhere in the world before Trump’s announcement.
High oil prices knock down stocks and erase Wall Street's hopes for a cut to interest rates

By STAN CHOE
Mar 20, 2026 3:54 pm - Another climb for oil prices shook stock markets on Friday, as hopes collapsed for a possible cut to interest rates this year by the Federal Reserve
Brent crude briefly tops $119 per barrel, before receding, and shakes stock markets worldwide

By STAN CHOE
Mar 19, 2026 4:06 pm - A roller-coaster day for oil prices showed how they’re dictating where financial markets and maybe even the global economy are heading. Stocks tumbled in Europe and Asia when oil prices shot higher early on Thursday, but U.S. stocks pared their sharp losses as the day progressed and oil prices fell back.
Iran war choke-points begin to cast doubt on global chip supply

By Debby Wu and Christina Kyriasoglou
Mar 17, 2026 1:22 pm - As the war in the Middle East stretches into a third week, the global semiconductor industry is facing mounting threats the conflict will choke off key supplies vital for chipmaking and spike the cost of power in Taiwan — the foundation of today’s technology industry.

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